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Just Wait Until the Employer-Provided Health


Posted: Nov 19, 2013

Just Wait Until the Employer-Provided Health Insurance Cancellations Kick In November 18, 2013 RUSH: I got an e-mail. "Rush, why are the employer-provided policies going to be canceled starting next year?" The answer to that's simple, folks. It's because of the employer mandate delay. You remember that Obama delayed the employer mandate? Starting next year, the employer-provided policies will come up against Obamacare, and they will be found to be illegal, just like the private insurance plans that people are losing now. The Regime and everybody in the media (other than The Politico), again, are trying to convince everybody that this is it. "It's just 5%, 15 million people. I mean, big whoop. I mean, any major change, you're gonna have some fallout." In the first place, it isn't 5%, it's 8%, which is the equivalent of 25 million. But then there are 150 million-plus people with employer-provided health insurance who will start to be canceled, begin to be canceled starting next year. It would have been this year except there was the delay of the employer mandate for election purposes and other political reasons. So that shoe is going to drop, and it's gonna make what is happening now look like Romper Room. It's just going to keep getting worse. The longer we go, the more time passes, events will unfold in such a way that you think you've got the worst behind you and something brand-new pops up. I mean, this is devastating, this whole Obamacare thing. The vast majority of people haven't yet even discovered how bad it is. END TRANSCRIPT ;

I cannot wait until that day - since the grandfathered insurance I am offered now

[ In Reply To ..]
I do not find Obamacare devastating, just highly promising. I have lived for a while in a country where health care was independent of income. You make much better income because companies can pay you rather than your insurance burden. Yeah, you do pay higher taxes, but you actually see something for those taxes.

My husband has good insurance, but his employer tells him how much it costs and it costs almost as much as he is paid (admitted low) per year. Even though his premiums are relatively low, the plan is grandfathered and thus under his relatively good policy he still is not entitled to the protections offered by Obamacare. To be concise, if you go to the hospital and have an operation for example, they are still allowed to beef up the charges and hit you with a big bill, which is something everyone has to worry about until the health care mandates allowing insurance companies to basically take our life savings are fully implemented. The out of pocket costs which are not allowed to be sidetracked or ignored are the biggest deal here to my thinking.

This new transpacific trade agreement scares me because now we are competing with people in third world countries but people in some of the countries involved in this agreement have a much higher standard of living than India and they already have govt health care and get good salaries, so there is another loss of MT jobs perhaps to English speaking countries (Australia and NZ are in this agreement).

What's happening now seems to be just hype from the right wing noise machine, not actually anything horrible. Most people find they can get better and cheaper coverage once they can get through the exchange website or a phone call or a broker or Ehealth. Many who got their insurance canceled have been proven to be either unwilling to even check out the new system or found they are eligible for much better and cheaper insurance with the subsidies.

I have looked at the exchanges and hoped to get on them rather than accept the substandard insurance offered by my MTSO, but I cannot, so yeah, bring on the cancellation of these horrible grandfathered policies and allow us to enter the exchanges, that's what I say.

End of sentence above should be - is terrible!

[ In Reply To ..]
Whoops, left that out.

so why don't you do it now - self insured MT

[ In Reply To ..]
If you don't like your employer-provided health insurance, why not get your own? There's nothing that says you HAVE to take their insurance. I was offered coverage by my employer but I chose to keep what I had already purchased on my own.

Years ago, companies started offering health insurance as a perk. It was a way to compete with other companies to get the best workers. I don't understand why it is now a LAW that companies must provide health insurance to their employees. They don't pay my car insurance, why should they have to pay my health insurance?

Another problem with company-provided health insurance is that sometimes people will stay in a job they hate just for the insurance. If you buy your own, it takes that issue right off the table. You can change jobs and it won't affect your insurance because it's YOURS, it goes with you no matter where you work.

I had tried to get coverage privately - but was besieged by phone calls

[ In Reply To ..]
And basically it seemed like a lot of junk policies too, plus more expensive.

Can I ask if you feel your coverage is satisfactory? Have you ever used it? I figured the junk policy offered by my employer was somewhat subsidized and no better and probably cheaper than what I could get on the open market, but personally I would rather have coverage that is more comprehensive and has the safeguards that regulate the deductibles and out of pockets, plus the fact that if you qualify you get subsidies to make these policies affordable, whereas before they were way too expensive.

I am all for detaching health insurance from employment, but this country has the highest medical costs and insurance premiums for health insurance in the world, so there needs to be a means to bring the costs down to make it affordable and comprehensive.

I would not want to buy health insurance now until companies are made to comply with the ACA, all the policies I can afford are the same junk insurance policies my employer provides and you cannot get insured via the ACA if you are offered anything by your employer, unfortunately.
yes I like my coverage - self insured MT
[ In Reply To ..]
Yes, I went through the phone call and email gauntlet when I shopped for my insurance a few years ago. I'm pretty healthy, so all I was really concerned about was being covered for something major. But my policy still covers a good percentage of my regular doctor visits (I have a $25.00 copay).

I got a job as an employee a couple of years ago and was offered insurance, but it was more expensive than what I already had, so I kept my policy. Glad I did, too, because insurance thru my employer was based on making minimum quotas. Had I gone with their plan, I would've lost my insurance when the work dried up.

Now I'm with a new company and they also offered insurance, but I decided to still keep what I have because I have no idea what's going to happen when the employer mandates kick in next year, but I have a feeling it'll be the same as what is happening to a lot of people now who are losing their insurance, but it will be on a much bigger scale than what we are seeing now.

I was lucky to be grandfathered into my current plan. I was able to get a decent rate by joining an organization and getting a group rate thru them. I hope I can keep it through the long haul, but with the government's ultimate goal being a single-payer system, who knows what will happen in the future.
I can see why you kept your insurance - that offered by MTSOs is horrible
[ In Reply To ..]
The thing is, why would you be afraid to lose it because it is being made to comply with some basic regulations which are actually much better if you ever have to use it?

Your doctor visit copay is very good, that is one which my MTSO does not have now, you have to apply everything to a $2500 deductible, which really just discourages you from going, so I do think you do have a good one there.

The big thing the ACA does is guarantee your out of pocket costs are truly limited and that you don't go broke if a major event happens, so maybe you will be one of the lucky ones whose insurance is what they think it is.

I imagine, at any rate, you will be eligible for subsidies to get a good plan if and when your insurance decides to cancel policies like yours. Since you got it through an organization, group rate, I think you are in a good position for the future.

I wish the govt's ultimate goal was single payer, but that does not appear to be the case, since that was not even seriously considered in the ACA bill. I personally think that single payer would lower healthcare costs and stop the insurance grifters.

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